Create a disciplined process for making strategic choices from "summary" of Playing to Win by A.G. Lafley,Roger L. Martin
In business, making strategic choices is not a random or haphazard process. It requires a disciplined approach to ensure that decisions are well-thought-out and aligned with the overall goals of the organization. This discipline involves following a structured process that allows for thorough analysis and evaluation of various options before making a final decision. One key aspect of creating a disciplined process for making strategic choices is defining the criteria by which decisions will be evaluated. This involves identifying the key factors that are important to the organization and determining how each option aligns with these factors. By clearly outlining the criteria for decision-making, leaders can ensure that choices are made in a consistent and objective manner. Another importan...
Similar Posts
Enhancing communication skills
Improving one's ability to effectively communicate with others is a crucial skill in both personal and professional settings. C...
Strategy requires clarity of purpose
To be strategic, you must have a clear purpose. This may seem obvious, but it is surprising how often individuals and organizat...
Live with purpose and intention in all that you do
Living with purpose and intention in all that you do is a fundamental principle for achieving success in life. It means being c...
Understand your competitive advantages
To win in the competitive game of business, it is imperative to understand and leverage your competitive advantages. These adva...
Stay committed to your goals even in the face of uncertainty
Uncertainty is a part of life, and it can be a significant obstacle when working towards your goals. It is easy to become disco...
Mergers and acquisitions can impact industry structure and competitiveness
Mergers and acquisitions have a profound effect on the structure and competitiveness of industries. When two companies come tog...
Motivation is the driving force behind success and achievement
Motivation is the fuel that propels individuals towards success and achievement. It is the inner drive, the burning desire that...
They seek out diverse opinions and ideas
Successful people have a unique approach to gathering information and forming opinions. They do not limit themselves to their o...
Creating a personalized investment plan
To invest successfully, you need a personalized investment plan. This plan is like a roadmap that guides you towards your finan...
Set boundaries to protect your time and focus
When considering ways to manage your time effectively, it is crucial to establish clear boundaries to safeguard your time and a...